Category: Business News & Economy

Egypt’s central bank holds overnight rates steady

Centre caps sugar stocks held by bulk consumers at 15 days’ requirement as prices hit record highs; mills must disclose buyer-wise sales for August 17-19

Over 150 million sq ft of office space is expected to become REIT-eligible by 2031, potentially increasing the sector’s asset value from nearly $33 billion to over $50 billion

Financial services drew Rs 6,535 crore in FPI inflows between August 1 and 15, while IT stocks attracted another Rs 2,530 crore after strong buying in July

Hotel major plans to add over 7,000 rooms through 55 new hotels, taking its India portfolio to 150, while expanding into larger properties and tier-1 cities

Pending and concluded matters under the Industrial Disputes Act will remain governed by the Bangalore Water Supply test, while the new Code’s definition will be interpreted independently

India will import 1 million tonnes of raw sugar at nil duty to curb record domestic prices ahead of the festival season and ease concerns over dwindling stocks

Dow Jones| Nasdaq | US Stock Market Today | Live: US stocks open lower as rising bond yields weigh on sentiment

Amidst severe drought, a historic steam tug once lost beneath the Sava River has resurfaced, delighting locals who flock to witness ‘Sava’s Titanic’. This vessel, which sank in 1945 after a tragic encounter with a mine, revitalizes memories of the Balkans’ complex history. Its emergence underscores the grim water shortages plaguing significant European rivers today.

In an effort to enhance the understanding of upper atmospheric conditions, NASA is inviting proposals for affordable technology solutions. The Orbital Clarity Challenge aims to refine predictions regarding satellite orbit variations caused by atmospheric drag. Participants stand to win up to $500,000 for their innovative concepts, along with the opportunity for a free test flight…